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Latest: Fintech News

North Korea Hackers Stole Crypto Worth $721 Million From Japan
North Korea Hackers Stole Crypto Worth $721 Million From Japan

The findings come on the heels of a declaration by G7 finance ministers and central bank governors to support measures to counter illicit activities by state actors

Eyeing Top Dollar, China Consulting Firms Tested Beijing’s Limits
Eyeing Top Dollar, China Consulting Firms Tested Beijing’s Limits

As the impact of charges levelled against consultancy firm Capvision reverberates across the industry, some consultants in China are now scrambling to reduce risk

Apple Supplier Foxconn to Spend $500m on Plants in India
Apple Supplier Foxconn to Spend $500m on Plants in India

The investment in factories that will make AirPods for Apple is expected to create many thousands of jobs in southern Telegana state

Lawsuit Says China Officials Had Access to TikTok’s US Data – CNN
Tesla, Samsung Chiefs in High-Tech Team-Up Talks
US, EU Join Forces to Tackle China’s ‘Non-Market Practices’
Ex-ByteDance Executive Says Tech Firm Stole Rivals’ Content
Apple Eyes First Vietnam Online Store in Emerging Markets Push
Data of 2 Million Japan Users Was Public For a Decade: Toyota
China to Oppose Any Investment Ban on High-Tech Industries

Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors